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Schedule 76
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Employee Risk Retention Fund
Schedule of Revenues, Expenses and Changes in Fund Balance - Budget and Actual (Non-GAAP)
For the Fiscal Year Ended June 30, 2016
Variance
Positive
Budget
Actual
(Negative)
Operating Revenues:
Charges for Current Services - Internal
44,022,250
$
43,940,899
$
(81,351)
$
Other Operating Revenues
2,061,000
1,972,394
(88,606)
Total Operating Revenues
46,083,250
45,913,293
(169,957)
Operating Expenses:
Personal Services
436,132
428,267
7,865
Fringe Benefits
129,081
123,883
5,198
Maintenance and Operations
1,932,461
1,977,148
(44,687)
Claims and Expenses
45,671,698
45,001,841
669,857
Total Operating Expenses
48,169,372
47,531,139
638,233
Operating Loss
(2,086,122)
(1,617,846)
468,276
Nonoperating Revenues:
Investment Income
176,500
207,504
31,004
Net Increase (Decrease) in the Fair
Value of Investments
58,254
58,254
Total Investment Income
176,500
265,758
89,258
Excess of Revenues Under Expenses
(1,909,622)
(1,352,088)
557,534
Appropriated Fund Balance
1,909,622
(1,909,622)
Excess of Revenues Under Expenses
$
(1,352,088)
$
(1,352,088)
$
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